AI in Agriculture Market Growth Analysis 2025 By Top Key Players – IBM, Microsoft, Descartes Labs, Deere & Co, Granular, aWhere, The Climate Corporation, Agribotix, Tule Technologies, Prospera Technologies, Mavrx Inc., CropX Technologies, Resson
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The Global AI in Agriculture Market accounted for USD 432.5 million in 2017 and is projected to grow at a CAGR of 22.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Artificial Intelligence (AI) in agriculture is utilization of cognitive technologies that helps in learning, reasoning, understanding and interacting, which in result increases the efficiency. It offers various advantages such as Image recognition and insight, chatbots for farmers, help IoT achieve its maximum potential and determine the best options to maximize return on crops.
On the basis of offering:
Hardware is sub segmented into:
• Storage Device
On the basis of technology:
• Predictive Analytics
• Machine Learning
• Computer Vision
On the basis of application:
• Livestock Monitoring
• Precision Farming
• Agriculture Robots
• Livestock Monitoring
• Drone Analytics
On the basis of geography:
• North America
• South America
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Major Market Drivers:
• Increasing adoption of new advanced technologies and IMS
• Rising demand for agricultural production
• Government support and initiatives for the adoption of modern agricultural techniques
• Maximizing crop productivity along with the implementation of various techniques
• Increasing use of drones in agricultural farms
• High Cost involved during precise field data collection.
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The global AI in agriculture market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Some of the major players in global AI in agriculture market are:
• Microsoft Corporation
• Descartes Labs
• Deere & Company
• The Climate Corporation
• Agribotix LLC
• Tule Technologies
• Mavrx Inc.
• Harvest Croo
• Trace Genomics
• Spensa Technologies Inc.
• Vision Robotics
• Autonomous Tractor Corporation
• Among others
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
Reasons for Buying this Report
1. This report provides pin-point analysis for changing competitive dynamics
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a six-year forecast assessed on the basis of how the market is predicted to grow
4. It helps in understanding the key product segments and their future
5. It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
6. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
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